Tharaldson Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours Standard Price or Rate 5.7 ounces $ 2.00 per ounce 0.8 hours $ 11.00 per hour Standard Cost Per Unit $ 11.40 $ 8.80 $ 4.80 0.8 hours $ 6.00 per hour The company reported the following results concerning this product in June. Originally budgeted output Actual output Raw materials used in production Purchases of raw materials Actual direct labor-hours Actual cost of raw materials purchases Actual direct labor cost Actual variable overhead cost 3,900 units 3,500 units 22,500 ounces 23,000 ounces 6,000 hours $ 42,600 $ 13,900 $ 3,950 The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for June is: